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May 14, 2026Businesses0 citationsOpen Access

Addressing Financial Abuse in Australian Small Businesses: The Role of Industry Stakeholders

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JPJulie Dal PraNBNatasha K. BruscoSWSara Whittaker

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Abstract

Background: One form of domestic and family violence (DFV) is financial abuse, which involves a person manipulating another person’s access to finances, assets, and financial decision-making. The aim of this study was to understand the perceived role of Australian financial institutions, government bodies and other key stakeholders in the prevention, early identification and resolution of financial abuse in small businesses. Methods: A single workshop was conducted in Melbourne, Australia, in November 2024. Representatives from five stakeholder groups were invited to participate: (i) Australian regulated financial institutions; (ii) Australian unregulated commercial lenders; (iii) government bodies; (iv) small business professional services organisations and their peak bodies; and (v) industry and representative bodies. Results: Four main themes were generated relating to the prevention, early identification and resolution of financial abuse in small businesses: (1) shining a light on financial abuse; (2) detecting and revealing red flags; (3) business lending practices create vulnerability; and (4) building a collective response. Conclusion: Whilst institutions demonstrate inherent potential for addressing family violence and financial abuse within small business contexts, realising this capacity requires substantial investment in education, contextual literacy development, collective responses and structural and legislative reform.

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Pra et al. (2026) studied this question.

synapsesocial.com/papers/6a07f26a2e09a9b3c173571chttps://doi.org/10.3390/businesses6020026
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